News & Updates

Canada’s job growth blows past expectations

(November 09, 2016, posted in Economy)

OTTAWA — If there’s a pattern developing in Canada’s economy, it looks more patchwork than anything by design.

While we have seen three consecutive monthly gains in employment, many of the jobs have been part-time positions that could fall off at any time. And despite some bright spots in the overall trade outlook, exports still appear raggedy.

Friday’s figures for both sectors fit the scenario of s... read more.

10 real estate trends to watch

(November 07, 2015, posted in Real Estate)

The Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) recently jointly released their Emerging Trends in Real Estate report.

The annual report identifies what investors should look out for in the Canadian and American real estate markets over the following year, drawing on a vast number of sources. ULI, a nonprofit and research organization, and PwC, the global advisory firm, publish the... read more.

Fraser Valley June Home Sales Up 41%

(July 06, 2015, posted in Real Estate)

Sales in the Fraser Valley in June were the highest for that month since 2005 and ranked as the fourth busiest month ever for MLS sales in the region, the Fraser Valley Real Estate Board announced July 3.           

The 2,103 residential sales were a year-over-year increase of 40.9 per cent compared with June of last year, and a rise of 20.7 per cent compared with May.   

After several months of contractions, the... read more.

Chinese New Year boosts Vancouver real estate sales

(March 07, 2015, posted in Real Estate)

The festive mood of Chinese New Year is continuing to linger in Vancouver’s housing market weeks after celebrations are over.

Cory Raven, managing broker at Re/Max, says Chinese New Year heightens whichever housing trend is dominate in that year. “Any year where we have an already busy market, it seems like Chinese New Year speeds [it] up even more.”

Weekly home sales continue to soar into the Year... read more.

BC Home Sales Forecast to Rise Through 2016

(February 11, 2015, posted in Real Estate)

Multiple Listing Service® (MLS®) residential sales in British Columbia are forecast to rise 2.4 per cent to 86,050 units this year and a further 3.9 per cent to 89,400 units in 2016. The ten-year average is 82,100 unit sales. Stronger economic conditions at home and abroad combined with favourable demographics and interest rates are expected to underpin provincial housing demand over the next two... read more.